Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
73 GOREFIELD ROAD is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £142,000 in November 2016, which was around 38% below the average November 2016 detached price in the Fenland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 73 GOREFIELD ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 73 GOREFIELD ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2016 2 NOV | £142,000 | £228,442 | 38% below HPI |
2016 15 JUL | £103,000 | £220,883 | 53% below HPI |
2007 23 NOV | £156,000 | £200,630 | 22% below HPI |
2002 22 AUG | £65,000 | £118,641 | 45% below HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The four 73 GOREFIELD ROAD sales between August 2002 and November 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2016 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the November 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
73 GOREFIELD ROAD is 89m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Leverington, based on EPC data. The below chart shows the distribution of detached houses by size in Leverington, and where 73 GOREFIELD ROAD lies on this distribution: 37% of detached houses are smaller than 73 GOREFIELD ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Leverington.
73 GOREFIELD ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 73 GOREFIELD ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 73 GOREFIELD ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
73 GOREFIELD ROAD is located in LEVERINGTON, in the PE13 postcode district. The below map shows the position of No. 73 on GOREFIELD ROAD.